Foothills Asset Management Ltd. adds LKQ Corporation (LKQ) to its portfolio

LKQ Corporation (LKQ) : Foothills Asset Management Ltd. added new position in LKQ Corporation during the most recent quarter end. The investment management firm now holds 66,940 shares of LKQ Corporation which is valued at $2,219,730 , the company said in a statement filed on Jul 13, 2016 with the SEC.LKQ Corporation makes up approximately 1.72% of Foothills Asset Management Ltd.’s portfolio.

Other Hedge Funds, Including , Foundry Partners reduced its stake in LKQ by selling 869 shares or 1.2% in the most recent quarter. The Hedge Fund company now holds 71,820 shares of LKQ which is valued at $2,381,551. LKQ Corporation makes up approx 0.22% of Foundry Partners’s portfolio. Exxonmobil Investment Management Inc Tx added LKQ to its portfolio by purchasing 79,384 company shares during the most recent quarter which is valued at $2,626,817. LKQ Corporation makes up approx 0.05% of Exxonmobil Investment Management Inc Tx’s portfolio. Curian Capital sold out all of its stake in LKQ during the most recent quarter. The investment firm sold 208,827 shares of LKQ which is valued $6,910,085.

LKQ Corporation closed down -0.41 points or -1.24% at $32.67 with 19,11,776 shares getting traded on Monday. Post opening the session at $33.03, the shares hit an intraday low of $32.64 and an intraday high of $33.19 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, LKQ Corporation reported $0.42 EPS for the quarter, based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus estimate of $0.42. The company had revenue of $1921.50 million for the quarter, compared to analysts expectations of $1907.68 million. The company’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

LKQ Corporation is a distributor of vehicle products including replacement parts components and systems used in the repair and maintenance of vehicles as well as specialty vehicle products and accessories. The company distributes a variety of products to collision and mechanical repair shops including aftermarket collision and mechanical products recycled collision and mechanical products refurbished collision products such as wheels bumper covers and lights and remanufactured engines. It is a provider of alternative vehicle collision replacement products and alternative vehicle mechanical replacement products with its sales processing and distribution facilities reaching markets in the United States and Canada. It also provides alternative vehicle replacement and maintenance products in the United Kingdom and the Benelux region of continental Europe. The Company is organized into four segments: Wholesale – North America; Wholesale – Europe; Self Service and Specialty.

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